Magicnation Forum

Hey, HonorTech fans. How are you?
Hoping that you guys are doing well

Metaverse, a term that gained popularity in the past few years refers to the digital universe where users can interact with virtual objects in real time thus blurring the line between the digital and real world. Up until now Metaverse as a tool wasn't being much explored in India.
But in a recent development, the CM of Maharashtra has unveiled the Mumbai Metropolis Metaverse, a concept that gives you a glimpse of the ongoing developments in the city and its future models as well. Yes, now millions of Mumbaikers can see their future through the lens of a virtual world.
This model based on a 3-D and virtual reality interface is a free-of-cost platform that is backed by several tech giants like Meta, Hungama, GOQii, and other brands. It allows people to navigate through Mumbai's streets, soar over its skyscrapers, and witness its evolution in real time. And here's the best part users not only can engage themselves but also have the power to design the future of the city using their creativity.

What's truly groundbreaking about the Mumbai Metropolis Metaverse is its integration of blockchain technology. This secure, decentralized platform ensures transparency and reliability, allowing users to trust the information they receive about the city's development initiatives. With blockchain at its core, the Metaverse opens up endless possibilities for engagement and participation in Mumbai's urban evolution.

This project showcases the milestone the Indian Government has achieved in the field of Blockchain and Web3 technology. The Metaverse model is the first of its kind made for any Indian City. The interest of tech giants like Meta, Google, and Microsoft is constantly increasing with the fast-paced and tech-focused economy of India.

With Mumbai leading the way, it will be interesting to see such an interactive model coming up for more Urban spaces in India. Looking ahead the future of this model seems very promising. As per a recent study, the market of Metaverse interface is projected to be a market valuation of $800 billion by 2024. This is a true indication of the future of Metaverse, VR, and the increasing involvement, and influence of such technologies in our daily lifestyle.

That’s all for today, hope you enjoyed it. What did you feel about the device and which color are going to buy do let us know your opinions in the comments?
Don’t forget to follow me and Htech for updates and launch-related news in the future.

Bye Guys
Signing off
Jai